NYSE:GOLD - New York Stock Exchange, Inc. - CA0679011084 - Common Stock - Currency: USD
Taking everything into account, GOLD scores 8 out of 10 in our technical rating. In the last year, GOLD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Besides having an excellent technical rating, GOLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
15.08
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
18.31 | 17.27 | 1.04 (5.68%) | 17.61% |
An entry @18.31. This is a Buy Stop order right above the resistance zone. | An exit @17.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.04 points, which is 5.68%. | When investing 17.61% of your capital in this trade, your total portfolio risk will be 1.00%. |
17.69
-0.06 (-0.34%)